4-bedroom terraced house · TQ8 8GY
Sold STCListed 236 days
Opportunity summary
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About
The beautiful estuary town of Salcombe is located at the heart of the much sought after area of South Devon known as the South Hams.
The region is known for having a particularly benign climate and consists of lush, unspoilt countryside, hidden coombes and a spectacular coastline.
The vibrant town, once a thriving fishing village, retains much of its original charm and character.
The town's many restaurants, local pubs and lively shops are all within a short walk of the property.
Villa 5, Estura is part of a landmark development of ten luxury villas in one of the most beautiful and magnificent waterside settings in Salcombe.
The position is simply perfect; right on the edge of the Salcombe estuary, overlooking East Portlemouth's beautiful sandy beaches and with panoramic views that span south west towards the sea and northwards looking into the tidal estuary itself.
The villa is arranged over 3 floors with a magnificent top floor open plan kitchen/dining/living room which leads out to the balcony from where the wonderful water views can be enjoyed.
Rustic cladding on one wall compliments the sleek contemporary fittings and this sociable space is perfectly designed for seaside entertaining.
The spacious master bedroom on the entrance level is well appointed with a generous en-suite shower room, fitted wardrobes and large floor to ceiling sliding windows which bring the glorious view to life.
On this floor there is a second double bedroom and en-suite shower room.
The lower ground floor has two double bedrooms, one of which is currently used as a media room with projector screen and two full size single beds make this a flexible room, a family bathroom and separate utility room.
Presented to the highest specification throughout, Villa 5 is the perfect property for the discerning Salcombe buyer to relax and feel part of the enthralling ever changing and fascinating estuary and sea views.
The property has an established and highly successful holiday letting history and rental figures are available on request. SERVICES Mains water, drainage, electricity and gas.
DIRECTIONS On entering Salcombe from Kingsbridge continue past the first crossroads along Main Road and follow this road around the side of the hill.
At the next junction continue down the hill along Bennett Road which leads in to Cliff Road. The entrance to the Salcombe Harbour Hotel is on the right. EPC Rating: C
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Cliff Road, Salcombe
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